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Quality Power Electrical Equipments Ltd. (QPOWER) AI Stock Analysis

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IN:QPOWER

Quality Power Electrical Equipments Ltd.

(NSE:QPOWER)

Select Model
Rating:70.2Outperform
Price Target:INR 1,601.00â–²(14.62% Upside)
Action:upgraded
Date:08/17/26

The score is driven primarily by strong financial performance (rapid revenue growth and a low-leverage balance sheet), supported by positive price momentum. Offsetting this are weaker cash-flow quality (negative free cash flow and low cash conversion) and an expensive valuation (high P/E with a very low dividend yield).

Positive Factors
Rapid Revenue GrowthThe sharp FY2026 revenue increase indicates a substantial expansion in business activity and demand for the company’s power-system offerings. If this higher scale is sustained, it can strengthen market reach, improve operating leverage, and provide a larger base for future earnings growth.
Negative Factors
Weak Cash ConversionOperating cash flow covered only a modest portion of reported earnings, while free cash flow turned negative in FY2026. This gap reduces earnings quality and may constrain internally funded growth, making working-capital execution and the conversion of profit into cash important ongoing risks.

Quality Power Electrical Equipments Ltd. (QPOWER) vs. iShares MSCI India ETF (INDA)

-50%-25%0%25%50%75%IN:QPOWER+45.07%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 108.06B
Dividend Yield
0.09%
Average Volume (3M)
23.81K
Price to Earnings (P/E)
81.1
Beta (1Y)
1.53
Revenue Growth
121.98%
EPS Growth
95.68%
Country
India
Employees
249
Sector
General
Sector Strength
55
Industry
Electrical Equipment & Parts

Quality Power Electrical Equipments Ltd. Business Overview & Revenue Model

Company Description

Quality Power Electrical Equipments Limited (QPOWER.NS), established in 2001 and based in Sangli, India, specializes in delivering a wide array of electrical power solutions. The company provides critical products and services supporting the generati...

Quality Power Electrical Equipments Ltd. Financial Statement Overview

Summary

Strong fundamentals overall: revenue surged sharply in FY2026 and profitability remains healthy, supported by a conservatively financed balance sheet (low debt-to-equity) and solid ROE. However, margin compression versus FY2025 and a deterioration in cash conversion (negative FY2026 free cash flow and low operating cash flow vs net income) reduce earnings-quality confidence.

Income Statement

86Very Positive

Balance Sheet

90Very Positive

Cash Flow

58Neutral
Financial statement breakdown
BreakdownTTMMar 2025Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue5.63B3.37B9.47B3.02B2.47B1.75B
Gross Profit2.16B1.36B2.68B1.01B854.54M666.34M
EBITDA1.31B1.19B1.76B689.15M521.90M514.63M
Net Income817.22M661.72M1.21B374.44M206.06M165.15M
Balance Sheet
Total Assets9.78B8.14B11.12B5.93B3.12B2.53B
Cash, Cash Equivalents and Short-Term Investments2.36B2.44B2.53B1.05B808.35M678.60M
Total Debt361.52M88.96M401.75M492.00M106.07M115.18M
Total Liabilities3.19B2.20B3.39B3.43B1.37B925.63M
Stockholders Equity4.70B4.24B5.42B1.53B1.12B925.40M
Cash Flow
Free Cash Flow0455.97M-249.09M37.75M293.26M53.80M
Operating Cash Flow0624.58M1.04B515.16M443.05M85.35M
Investing Cash Flow0-927.27M-1.26B-385.93M-309.98M205.76M
Financing Cash Flow01.71B247.22M253.80M-35.76M16.24M

Quality Power Electrical Equipments Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price1396.85

Price Trends

50DMA1456.43Negative
100DMA1322.86Positive
200DMA1132.08Positive

Market Momentum

MACD-30.08Positive
RSI45.55Neutral
STOCH62.16Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:QPOWER, the sentiment is Positive. The current price of 1396.85 is below the 20-day moving average (MA) of 1467.25, below the 50-day MA of 1456.43, and above the 200-day MA of 1132.08, indicating a neutral trend. The MACD of -30.08 indicates Positive momentum. The RSI at 45.55 is Neutral, neither overbought nor oversold. The STOCH value of 62.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:QPOWER.

Quality Power Electrical Equipments Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:QPOWER against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:TARILIN:TARIL83OutperformINR 89.69B29.22―0.08%27.23%21.70%
IN:VOLTAMPIN:VOLTAMP76OutperformINR 104.59B32.39―0.97%17.84%-2.60%
IN:QPOWERIN:QPOWER70OutperformINR 108.18B81.07―0.09%121.98%95.68%
IN:INDOTECHIN:INDOTECH70OutperformINR 28.71B29.04―0.37%21.99%28.73%
IN:BBLIN:BBL57NeutralINR 26.39B20.32―1.50%26.44%-11.83%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

-50%0%50%100%IN:QPOWERIN:BBLIN:INDOTECHIN:TARILIN:VOLTAMPIN:POWERICADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:QPOWER and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:QPOWERQuality Power Electrical Equipments Ltd.1396.85402.5640.49%
IN:BBLBharat Bijlee Limited2334.90-641.63-21.56%
IN:INDOTECHIndo Tech Transformers Ltd.2703.601003.0658.98%
IN:TARILTransformers and Rectifiers (India) Limited298.80-145.70-32.78%
IN:VOLTAMPVoltamp Transformers Limited10338.302958.6340.09%
IN:POWERICAPowerica Limited467.6077.6019.90%

Quality Power Electrical Equipments Ltd. Corporate Events

Quality Power Electrical Equipments Issues Corrigendum Notice Ahead of October EGM

Oct 16, 2026

Quality Power Electrical Equipments Limited, an NSE- and BSE-listed player in the electrical equipment industry, provides power-related products and services to its customers under India’s public market regulatory framework. The company maintai...

Quality Power clarifies pricing for preferential share issue ahead of EGM

Oct 15, 2026

Quality Power Electrical Equipments Ltd., a listed player in the electrical equipment industry, manufactures and supplies power-focused electrical components and accesses public capital through NSE and BSE. Its corporate actions, including share issu...

Quality Power issues EGM corrigendum and boosts disclosure efforts

Oct 10, 2026

Quality Power Electrical Equipments Ltd. has notified shareholders that a corrigendum to the notice of its upcoming Extraordinary General Meeting, scheduled for October 19, 2026, has been dispatched. The company publicized this update via advertiseme...

Quality Power Issues Corrigendum Ahead of Preferential Share Issue EGM

Oct 9, 2026

Quality Power Electrical Equipments Limited has issued a corrigendum to its Extraordinary General Meeting notice scheduled for October 19, 2026, to address clarifications requested by the National Stock Exchange of India. The EGM, to be held via vide...

Quality Power Discloses Voting Results of 25th AGM, Underscoring Governance Compliance

Sep 30, 2026

Quality Power Electrical Equipments Limited has disclosed the voting results of its 25th Annual General Meeting, held on September 29, 2026, via video conferencing and other audio-visual means, with the requisite quorum in attendance. The company rep...

Quality Power Electrical Equipments Closes Trading Window Ahead of September Quarter Results

Sep 28, 2026

Quality Power Electrical Equipments Ltd. has notified the stock exchanges that its trading window for designated persons and their immediate relatives will be closed from October 1, 2026, in line with SEBI (Prohibition of Insider Trading) Regulations...

Quality Power Announces EGM Notice and E-Voting Details for October 2026

Sep 27, 2026

Quality Power Electrical Equipments Ltd. has announced that it has dispatched the notice and e-voting information for its first Extra-Ordinary General Meeting, scheduled for Monday, 19 October 2026 at 4:00 p.m., which will be conducted via video conf...

Quality Power Calls EGM for Preferential Share Issue Linked to Winwin Deal

Sep 26, 2026

Quality Power Electrical Equipments Limited has convened its first Extra-Ordinary General Meeting for FY 2026-27 on October 19, 2026, to be held via video conferencing and other audio-visual means, with remote and electronic voting facilities provide...

Quality Power Electrical Equipments Clears Winwin Acquisition, ₹700-Crore QIP

Sep 23, 2026

Quality Power Electrical Equipments Ltd. has approved the acquisition of up to 100% of Winwin Speciality Insulators Ltd. for a total consideration of up to ₹272.34 crore, to be paid through a mix of cash and the issue of 10,17,123 equity shares...

Quality Power Announces 25th AGM via Virtual Platform

Sep 5, 2026

Quality Power Electrical Equipments Ltd. has announced that its 25th Annual General Meeting will be held on 29 September 2026 at 4:00 p.m. via video conferencing and other audio-visual means, reflecting the continued use of digital platforms for shar...

Quality Power posts audio of Q1 FY27 earnings call online

Aug 10, 2026

Quality Power Electrical Equipments Ltd. has made available the audio recording of its earnings conference call discussing unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The recording from the call held o...

Quality Power clears strong quarter, capex push and strategic moves

Aug 9, 2026

Quality Power Electrical Equipments Ltd.’s board has approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, noting strong operational and financial performance despite volatile raw material prices...

Quality Power Electrical Equipments Declares Interim Dividend and Advances Expansion, Acquisition Plans

Aug 9, 2026

Quality Power Electrical Equipments Ltd. reported strong operational and financial performance for the quarter ended 30 June 2026, with an order book of about ₹1,900 crore supporting revenue visibility for the rest of the year. The board approv...

Quality Power Corrects Fiscal Period in Earnings Call Intimation

Aug 5, 2026

Quality Power Electrical Equipments Ltd. has issued a correction to an earlier exchange filing concerning its upcoming earnings conference call with analysts and investors. The company clarified that the call will discuss unaudited standalone and con...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 17, 2026